Way2Save® Savings

A good choice for customers who want a variety of options to save automatically

The APY (Annual Percentage Yield) is a percentage rate that reflects the total amount of interest paid on the account, based on the interest rate and the frequency of compounding for a 365-day period. Your account statement will include the APY earned on your savings accounts and interest-earning checking accounts for the period covered by the statement.

With a Way2Save Savings account, you can save automatically when you link your savings account to a Wells Fargo checking account. Then, choose from a variety of automatic savings options that fit your needs.

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Additional Resources

Regulation D and Wells Fargo limit certain types of withdrawals and transfers that can be made from your savings account to a combined total of six (6) per monthly fee period. If the limit is exceeded, an excess activity fee for each withdrawal or transfer over the limit will be assessed. If the limit is exceeded on more than an occasional basis, your savings account could be converted to a checking account (sole-owned minor accounts may be closed). There is a maximum of three (3) excess activity fees per monthly fee period.

The interest rates and APYs displayed here are for the Wells Fargo Bank locations in the California counties of Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano and Sonoma.

Current Deposit Rates for 02/16/2019 - 02/22/2019

The Annual Percentage Yield (APY) shown is offered on accounts accepted by the Bank and effective for the dates shown above, unless otherwise noted. Rates are variable and subject to change without notice.

Interest is compounded daily and paid monthly. The amount of interest earned is based on the daily collected balances in the account. Each tier described above reflects the current minimum daily collected balance required to obtain the applicable APY. When the rates offered within two or more consecutive tiers are the same, this disclosure shows those multiple tiers as a single tier. The specific individual tiers are described in the rate sheet for this account. A copy of the then-current rate sheet will be provided to you before you open your account or is available at any time upon request from a banker. Fees could reduce earnings on this account.

4. On the accountholder’s 18th (19th in AL) birthday, this account is automatically subject to the monthly service fee then in effect for the Wells Fargo Way2Save Savings account.

5. If you have an existing Wells Fargo Debit or ATM Card, we will link your new account to it. If you have multiple cards, we will link it to the card most recently used.